Hide Article Text (OCR)
BANK THEFT MAY AMOUNT TO $60,000Discover More Losses at Union Trust Company.Now York, Feb. L\‘V The loss to thePla/.a branch of 11 m* 1’nion Trust company through |lu manipulations of tin*two clerks who wore arrested may iiniotinl to $! 0.000. That was the statement of i'enry (ioldsmit h. attorney fur Alir/.( M. Woolsey, after Woolseyand Joseph T. White. !li(‘ t w o employees, had w aived examination before Magistrate Ten Kvek in tiie YorkviileW/fr ■court (Mi a charge of forgery in th *Ihird derive.(ioldsmit11. who insists, ns do the ofM*Is of dir Haza branch of the trust company, that Woolsey never received a dollar for making false entries in th-*hook;, talked rather freely about his client's part in the affair. He added Munewhat to the tnvsterv of tlie* eas;• •by saying that Woolsey played a “I'ool ish part in the affair In permitting W hite, tlie general bookkeeper, 1 take the money.What led Woolsey. if his assertion i--; [rue. to make the tirst false entry as receiving teller and then to continue I i|« so without uM'ttin^ any tinaneial ie-ward for his wrongdoing was not ex plained by any one. Mr. (bildsmith's only :mswer to that (piestion was that \\ oolsey was “foolish.Mr. (ioldsmiths statement as to (he amount of the theft does not agree with that of Joseph 1’. Cotton, Jr.. of Spooner iV Cotton, attorneys for the trust company, who said that the loss to the company amounts to only $10,-i 000.(Joldsmith explained that the two men worked touedter in making faUe entries in the book. .Induing fi'oni t ho explanation of the alTair, it seems thatWoolsey would make a wrong entry on a credit slip.
Newspaper Details
New Brunswick Daily Times
New Brunswick, New Jersey, US
Mon, Feb 23, 1914
Page 10
Full Page
Clipped by
Anonymous
USA 21 Jul 2020
Other Publications Near New Brunswick, New Jersey
New Brunswick Daily Times 2
New Brunswick Home News
New Brunswick Times
New Brunswick Weekly Times
New Brunswick Daily News Times
